nep-ict New Economics Papers
on Information and Communication Technologies
Issue of 2005‒10‒29
four papers chosen by
Walter Frisch
University Vienna

  1. Diffusion of Mobile Phones in China By Sangwan, S.; Pau, L-F.
  2. The challenges of classification: emerging VOIP regulation in Europe and the United States By DAVID BACH
  3. The Productivity impact of E-Commerce in the UK, 2001: Evidence from microdata By Ana Rincon-Aznar; Catherine (Kate) Robinson; Michela Vecchi
  4. Knowledge, Technology Adoption and Financial Innovation By Ana Fernandes

  1. By: Sangwan, S.; Pau, L-F. (Erasmus Research Institute of Management (ERIM), RSM Erasmus University)
    Abstract: Diffusion of mobile communication has induced great societal changes in China. Factors at global market, communications industry and end-user market levels are driving the adoption at a high rate. Firstly, China?s economic emergence together with e.g. accession to WTO has led to foreign investment increase in telecom and communications industry. Secondly, a parallel deregulation and reengineering of the telecom industry ensured an introduction of competition in the domestic terminals market and facilitated manufacturing in China. Finally, overall growth in China has increased purchasing power enabling consumers to adopt new technologies. At the market level, challenges and future growth depends on a favorable business environment both for local and multinationals organizations, operators and service providers, and most importantly to the distribution channels (retailers and resellers). Market mechanisms such as improvement in payment methods, regulations for content providers, branded and low-end mobile phones marketing, applications and support in Chinese language are required for a systematic and not just sporadic adoption of mobile devices. Product development and innovation, improvement in distribution infrastructure, mobile services operators skill enhancement are some measures that can growth of mobile communication and increase in average consumer spending.
    Keywords: China;Mobile phones diffusion;Market developments;China?s industrial policy;
    Date: 2005–10–14
    URL: http://d.repec.org/n?u=RePEc:dgr:eureri:30007648&r=ict
  2. By: DAVID BACH (Instituto de Empresa)
    Abstract: Internet telephony (VOIP) has the potential to transform the world of voice communications more profoundly than anything since the invention of the telephone itself. As telecommunications incumbents and a range of new entrants begin rolling out commercial VOIP services, policymakers around the world are grappling with the regulatory implications. In the United States and the European Union, the two largest potential VOIP markets, efforts are underway to fit VOIP into existing regulatory frameworks. This process of "regulatory classification" is by no means a purely administrative act. A lot is at stake and different interest groups have therefore mobilized to shape the respective outcomes.
    Date: 2005–04
    URL: http://d.repec.org/n?u=RePEc:emp:wpaper:wp05-19&r=ict
  3. By: Ana Rincon-Aznar; Catherine (Kate) Robinson; Michela Vecchi
    Abstract: This paper considers the impact of e-commerce on establishment level productivity for all sectors of the economy, using data from the UK E-commerce survey. E-Commerce represents the operational application of technology in the production process and may be regarded as an innovation driven change in workplace practice.Using a production function approach to measuring productivity, we find that OLS estimation fails to adequately account for the selectivity bias amongst enterprises that use e-commerce. Using a treatment effect estimator, we find that both e-buying and e-selling have significant and positive impacts on productivity.
    Date: 2005–05
    URL: http://d.repec.org/n?u=RePEc:nsr:niesrd:257&r=ict
  4. By: Ana Fernandes
    Abstract: Why are new financial instruments created? This paper proposes the view that financial development arises as a response to the contractual needs of emerging technologies. Exogenous technological progress generates a demand for new financial instruments in order to share risk or overcome private information, for example. A model of the dynamics of technology adoption and the evolution of financial instruments that support such adoption is presented. Early adoption may be required for financial markets to learn the technology; once learned, financial innovation boosts adoption further. Financial learning emerges as a source of technological diffusion. The analysis identifies a causality link from technology to growth which is nonetheless consistent with empirical findings of a positive effect of current financial development on future growth
    Keywords: Technology adoption; financial innovation; learning
    JEL: G20 N20 O30
    Date: 2005–06
    URL: http://d.repec.org/n?u=RePEc:ube:dpvwib:dp0513&r=ict

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